Axa Asia Pacific Holdings Ltd. (AXA AU), a wealth manager
with A$78.4 billion ($75 billion) of assets, slipped 1.9 percent
to A$5.19. AMP Ltd. (AMP AU), Australia’s second-biggest asset
manager, will take at least one month to decide whether to make
a fresh bid for Axa Asia Pacific, Reuters reported, citing two
unidentified people it said were familiar with the matter. AMP
fell 0.2 percent to A$5.12.

Brickworks Ltd. (BKW AU), a maker of bricks and floor tiles,
declined 2.1 percent A$11.90. The company said full-year profit
tumbled 55 percent to A$138.8 million from a year earlier.

Carnarvon Petroleum Ltd. (CVN AU) surged 7.5 percent to 43
Australian cents. The oil and gas exploration company completed
testing of a well in Thailand, according to a statement to the
Australian stock exchange.

CuDeco Ltd. (CDU AU), seeking to build the Rocklands
project in Australia, jumped 5.3 percent to A$2.19. The company
said it raised A$20 million selling shares to an institutional
investor to fund the copper-cobalt project.

Toll Holdings Ltd. (TOL AU), Australia’s largest trucker,
lost 1.4 percent to A$6.57. Macquarie Group Ltd. lowered its
rating to “neutral” from “outperform.”

Virgin Blue Holdings Ltd. (VBA AU), Australia’s second-largest airline, climbed 1.1 percent to 44.5 Australian cents.
The company gained interim approval from the nation’s antitrust
regulator for an alliance with Etihad Airways PJSC on flights to
Abu Dhabi. The alliance, which is being opposed by bigger rival
Qantas Airways Ltd., still needs a final ruling from the
Australian Competition and Consumer Commission.